Preserve Gold Reviews: Group Review – Fee’s and Facts!

By Tim Schmidt - UPDATED: September 10, 2024

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Navigating the world of gold investment can be a daunting task. That’s where companies like Preserve Gold Group come in. They’ve made a name for themselves in the industry, but how do they really stack up?

I’ve taken a deep dive into their services, customer reviews, and overall reputation. I’m here to share my findings with you, shedding light on the pros and cons of partnering with Preserve Gold Group.

So, whether you’re a seasoned investor or just dipping your toes in the gold market, this review will guide you in making an informed decision. Let’s explore the world of Preserve Gold Group together and see how they preserve gold's commitment to transparency and client service.

About the Founders of Preserve Gold

When delving into the intricacies of a company like Preserve Gold Group, understanding the pedigree of its founders goes a long way to uncovering the group’s core values, ethos, and competence. You see, these are people with real stakes in the game, keenly aware that the company’s reputation is built not only on the quality of its services and products but also on the trustworthiness, knowledge, and commitment of its leadership.

The Preserve Gold Group was co-founded by Stewart Lawson and Alex Kane. Both Lawson and Kane are seasoned professionals within the precious metals industry, each sporting over a decade of experience prior to forming the company.

Stewart Lawson, having served in various upper management capacities within the industry, has spent a vast portion of his life gaining an intricate understanding of the precious metals investment landscape. He’s particularly well-versed in gold and silver asset management, astutely aware of how these commodities can provide a stable financial foundation in an unstable economy.

Alex Kane, on the other hand, complements his co-founder’s depth of knowledge with his own wealth of experience in managing client relationships, strategic planning, and operational processes. His laser focus is set on ensuring that every single client is treated with the utmost respect, receiving the bespoke service they require.

The combined expertise and balanced traits of Lawson and Kane offer clients a team that’s passionate about precious metals, dedicated to meeting their investment needs, and committed to educating and guiding them through the maze of gold investing.

The founders of Preserve Gold Group have created a company built on a solid foundation of industry knowledge, invaluable experience, and an unwavering commitment to client service. This cements their place as a reliable guide in the ever-changing, often treacherous terrain of gold investing. As with other reputable precious metal firms, they emphasize the standard of care and professionalism necessary to build trust and enhance the overall customer experience.

About Preserve Gold

Preserve Gold is a family-owned company committed to helping individuals and families protect their wealth by diversifying with physical precious metals. Founded in 2022, the company has quickly risen to prominence in the precious metals market, offering a range of programs for investing in precious metals, including rolling over an IRA into physical silver and gold tax- and penalty-free. Preserve Gold’s representatives, such as Aaron Crossman, possess extensive knowledge and expertise in precious metals investing, providing clients with expert guidance and advice.

Preserve Gold Pricing and Fees

Talking about Preserve Gold Group's pricing, it seems to set itself apart in this realm. While they're clear that their fees will vary depending on the specific gold or silver bullion or coin you choose to invest in, their dedication to transparency continuously emphasizes their commitment to providing fair prices.

I find their initial setup fee to be impressively affordable, easing the burden for new clients who might be cautious about diving into the world of precious metal investing. Generally, prices for their services fall within the industry average, but they shine with the quality and depth of the service provided.

To make things even easier, Preserve Gold Group offers an all-inclusive annual fee structure. This means you pay just one fee each year, and it covers almost everything your account will need, such as storage costs, insurance, and even audit expenses. For me, this structure eliminates the stress of hidden costs or unexpected expenses and adds a layer of financial predictability that's highly valuable in this volatile market.

Furthermore, compared to other gold investment companies, Preserve Gold Group stands out with their fee waiving policy. They waive fees for a year for all accounts over $50,000 and three years for those over $100,000. This feature provides significant savings for investors with sizable holdings.

However, it's worth noting that while the pricing is competitive, the value comes from their expert advice, consistent support, and commitment to customer education. In my opinion, it's this combination of fair pricing and exceptional service that makes Preserve Gold Group truly stand out.

Available Physical Precious Metals Products and Services

Building upon what we’ve talked about regarding the companies value in relation to fees and services, let’s delve into their specific offerings, the crux of what makes them a choice provider for investing in gold and other precious metals. They offer gold, silver, platinum, and palladium products, with their services primarily revolving around Gold IRAs and Direct Sales.

Precious Metals IRAs

Navigating the maze of retirement options can be daunting. But don’t fret, this companyprovides a sturdy helping hand through the setup process of a Gold IRA. During economically challenging times, such as stock market downturns or rising inflation, precious metals typically have proven to hold their ground or even appreciate in value, which is why many investors look towards Gold IRAs and gold coins as a safety net.

The Preserve Gold Group makes this setup process seamless, guiding you to transfer funds from your existing retirement plan into a precious metal IRA. If you have a traditional-style IRA, 401(k), 403(b), or a tax-sheltered annuity, these can all be rolled over into a conventional or Roth Gold IRA. Fear not if you don’t already have a retirement account, as you can set up a new one with the company with just a cash deposit!

However, a pivotal piece of the puzzle is appointing an approved custodian for your Gold IRA. This is where Preserve Gold Group remains ahead of the curve, working with the reputable Goldstar Trust Company and Horizon Trust Company for the custodianship of your gold. Safety does matter, and rightly so, the company has collaborated with trusted depositories namely the Texas Precious Metals Depository, Delaware Depository, and International Depository Services to ensure your gold is stored securely.

And as you ponder, “Is a gold IRA FDIC insured?”, it’s important to note that it isn’t. Fear not, as this implies your gold has intrinsic value that won’t dwindle to zero, staying afloat much longer than any government-backed program like the FDIC.

Direct Sales

Preserve Gold Group takes pride in its direct sales service, selling gold and other precious metals and shipping them directly to the depository of your choice. For those who prefer a more hands-on approach to their investments, this means the possibility of having physical access to your purchase. A Precious metals specialist can assist.

Engaging in a precious metal direct purchase not only provides an added layer of protection against financial mismanagement and unanticipated risks but also complements the IRS’s regulations. Starting with the company is a matter of simply browsing through their online catalog, filling out a form, or reaching out to their wealth preservation specialists. An assessment of your needs follows, leading to a bespoke portfolio tailored to your goals and budget.

Benefits of Precious Metals IRA

Investing in a Precious Metals IRA with Preserve Gold offers several benefits, including diversification of your portfolio, protection against inflation, and the potential for long-term growth. By including physical precious metals like gold, silver, platinum, and palladium in your IRA, you can safeguard your retirement savings against market volatility and economic downturns. Preserve Gold’s low-cost and fair fee structure makes it an attractive option for those looking to invest in precious metals. The company’s programs allow clients to roll over their IRA into physical precious metals, tax- and penalty-free, providing a secure and reliable way to protect your wealth.

Do I find them to be one of the best gold ira companies?

I do. They have a solid reputation, stellar customer service, and they pursue business in the right way.

Although in my investment journey, I chose Goldco for purchasing precious metals in my IRA.

Buyback Policy

Preserve Gold’s buyback policy is designed to provide liquidity and flexibility to investors. The company commits to offering market-competitive prices on buybacks, ensuring that clients can sell back their metals at fair market prices. There are no hidden fees associated with the buyback policy, and Preserve Gold’s transparent pricing ensures that clients have a clear understanding of the costs associated with their investments. The buyback policy is a cornerstone of Preserve Gold’s offering, reinforcing the company’s commitment to fostering long-term relationships with its clients.

Payment Methods

In my continuing journey to streamline the ins and outs of Preserve Gold Group, I’d say hands down that the accessibility of their payment methods is one more feather in their cap. They offer multiple payment options, making transactions both efficient and customer-friendly.

Let me detail the different ways payments can be made. Preferably, Preserve Gold Group accepts payment through wire transfers, cashier’s checks, and even palladium coins. In my experience, this facilitates a quick and secure transfer of funds, imperative when dealing with invaluable assets like precious metals. Should you choose to pay by wire transfer, your personal bank is involved in the process, ensuring your transaction’s safety from end-to-end.

With cashier’s checks, things move at a slightly slower pace, taking a few business days for clearance. Yet, it’s just as secure and might be a good option if you enjoy the traditional method of payment. Importantly, both payment methods align with the company’s compliance rules, reinforcing their commitment to carrying out secured transactions.

But what if you’re a digital enthusiast, you ask? Well, we’re in for some good news here. Preserve Gold Group is quick on its feet to catch up with the trends, accepting digital currency payments like Bitcoin. Bitcoin is widely accepted for its instantaneous transactions and worldwide accessibility, making it a favoured choice for those internationally inclined or tech-savvy clients.

By offering these varied payment methods, Preserve Gold Group ensures a flexible payment experience, affirming their top-tier service in precious metal investing. From traditional checks to digital currency, they have you covered, emphasizing their client-centric approach. This wide range of payment options makes investing with Preserve Gold Group a convenient and pleasant experience, adding to their allure as a top-notch investment firm.

Customer Support and Education

Preserve Gold prioritizes customer satisfaction and provides exceptional customer service to its clients. The company’s representatives are knowledgeable and experienced in precious metals investing, providing clients with expert guidance and advice. Preserve Gold offers a range of educational resources, including informative articles, market insights, and tutorials, empowering investors to make well-informed choices. The company’s commitment to education and customer support ensures that clients feel confident and informed about their investments. Preserve Gold’s customer support team is responsive and available to address any questions or concerns, providing a personalized and tailored experience for each client.

Is the Preserve Gold Group a Scam?

Understanding whether Preserve Gold Group is a scam or a legitimate business is critical for investors who are considering precious metals investments and selecting a reliable company. Based on the information available, there are several key factors to consider.

Pros and Cons of Preserve Gold Group

To get a clear picture, let’s take a detailed look at the advantages and disadvantages of investing with Preserve Gold Group, especially for clients seeking to purchase a few gold coins.

PROS

• 24-hour cancellation policy: Preserve Gold Group provides a 24-hour cancellation policy for added confidence and security.

• Extensive online product catalog: The company maintains an extensive online gallery, providing a wide array of gold and other precious metal products.

• Works with trustworthy custodians and depositories: Preserve Gold Group works with respected custodians and depositories, ensuring safe storage for investors' assets.

• Excellent investor education program: The company offers a top-notch investor education program that enhances the knowledge and understanding of those seeking to invest in gold.

• Free, insured, fast, and discrete shipping: Investors can expect free, insured, quick, and discrete shipping from Preserve Gold Group, protecting their purchases.

• No fees buyback policy: The company implements a no fees buyback policy, simplifying the process for those who wish to sell their gold back to the firm.

• Price matching: Preserve Gold Group is committed to providing competitive pricing, even offering to match prices.

• Responsive customer service: Users can expect prompt and courteous responses from the company's customer service team.

• The fee schedule is not available on the website: Customers must engage with the company directly for information regarding their fee schedule.

• Customers must contact the company for product prices: Pricing for products is not immediately available on the website, which can complicate the purchasing process.

• The company was founded approximately one year ago: While not a guaranteed drawback, newer companies often have fewer reviews and may lack the track record of more established firms.

• Limited information available about founders and management: Having limited accessible information about the company's founders and management team can make it difficult for potential investors to make informed decisions.

Other Gold Companies With Similar Products:

• Hero Bullion 

• Rosland Capital Gold

• 7k Metals

How to Contact Preserve Gold Group

After a thorough review, it’s clear that Preserve Gold Group stands as a reliable player in the gold investment space. They’ve shown their commitment to client service with a transparent fee structure and a range of offerings for both Gold IRAs and Direct Sales. Their 24-hour cancellation policy and free shipping are attractive perks. However, they could enhance their transparency by providing more information about their fees, pricing, and management team. With their recent establishment, they’ve got room to grow and improve. It’s worth reaching out to them for a more detailed discussion about your gold investment needs. You can contact Preserve Gold Group through their website or by phone to explore their offerings further, including promotional offers like up to $15,000 in free gold. Remember, it’s essential to do your due diligence before making any investment decisions.

What is the Preserve Gold Group?

Preserve Gold Group is a reputable firm specializing in gold investment. The company assists clients with account setup, fund transfers, and secure storage. Being known for a transparent fee structure and extensive online catalog, it also offers a trustworthy gold IRA service.

What is the fee structure of the Preserve Gold Group?

The company operates on an all-inclusive annual fee model with affordable setup fees. It has a fee waiving policy for accounts over a specific threshold. However, a detailed fee schedule is not provided on the website.

Is Preserve Gold Group a scam?

No, Preserve Gold Group is not a scam. They offer legitimate services like Gold IRAs and Direct Sales, with a 24-hour cancellation policy, adding to its credibility. However, the company's recent establishment and limited information on founders raise a few questions.

What are the advantages of investing with Preserve Gold Group?

Key advantages of Preserve Gold Group include free shipping, no fees buyback policy, price matching, extensive online catalog, frequent investor education, and responsive customer service.

What are the drawbacks of investing with Preserve Gold Group?

While offering several advantages, the company has a few drawbacks, such as the lack of a detailed fee schedule and product prices on its website and limited information on the founders and management.